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Pepeliaev Group advises that: Russia has completed internal procedures necessary for beginning the use of the Multilateral Convention (MLI) with separate countries that are partners with the Russian Federation under double taxation treaties (DTTs); the Procedure of conducting mutual agreement procedures within the framework of DTTs is planned to be specified; the format for notifying participation in an international group of companies (IGC) has been changed; an opportunity has emerged to submit notifications of participation in foreign companies and unincorporated foreign structures through a personal account of the taxpayer and the ‘Nalogi FL’ mobile application.
The Russian Federal Tax Service has published Letter No. BS-4-11/7300@ dated 29 April 2020, in which it has clarified the procedure for paying reduced insurance contributions for small and medium-sized enterprises (“SMEs”).
Pepeliaev Group advises of the changes in the procedure for the disclosure of information by issuers and joint stock companies in the context of the coronavirus epidemic.
Pepeliaev Group advises that amendments to insurance legislation have come into force granting new opportunities for selling insurance products via the Internet and that new rules and limitations have been introduced with regard to the online distribution of insurance services.
